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Travel & Tourism industry news by Greek Travel Pages (gtp)

SEV: Production, Employment Hinge on Moderate Taxation

High taxation on households and businesses cannot drive growth and is putting a brake on Greece’s prospects, according to the Hellenic Federation of Enterprises (SEV).

High-speed Train Ready to Run Athens-Thessaloniki Route Under 4 Hours

Trainose's new high-speed passenger train will soon run the Athens - Thessaloniki route in less than four hours.

Lower Spain Margins, Boeing 737 MAX Issue Take Toll on TUI Group H1 Results

Airline overcapacity for Spain and the grounding of 15 Boeing 737 MAX airplanes appear to have taken a toll on TUI Group’s first half results.

Greek Gov’t to Name Financial Advisor for 23 Smaller Airport Projects 

The Greek Transport Ministry will name a financial advisor in the coming period to move ahead with the exploitation of 23 smaller airports across Greece.

Greece Duty Free Shopping Picks Up Pace in 2018

Duty free sales with emphasis on fashion, watches and jewelry, increased in 2018 on the back of a good year in 2017 and driven by the stronger tourist flows to Greece.

Holiday Airline Germania Announces Collapse, Cancels All Flights

German low-cost carrier Germania announced that it has filed for bankruptcy, attributing the company’s collapse to increasing fuel prices.

World Leaders to Gather in Greece for Delphi Economic Forum 2019

Heads of State, Prime Ministers and EU Commissioners will participate in the Delphi Economic Forum 2019, which will be held between February 28-March 3 in Delphi, central Greece.

OECD: Steep Taxation Taking Toll on Greece’s Growth

Heavy taxation continues to be the leading obstacle to growth in Greece, according to data released by the Organization for Economic Cooperation and Development (OECD).

North Aegean Governor Clears Ways for Chios Airport Upgrade

North Aegean Regional Governor Christiana Kalogirou has cleared the way for the start of upgrade works on Chios Airport after approving a study for road relocation works.

TUI Hotels and Cruise Segments Drive Growth in 2018

TUI Group has presented double-digit earnings growth in 2018 - for the fourth consecutive year - driven by the strong performance of its hotels and cruise products.

Greek Economy Ministry Triples Funding for SMEs in Tourism

Greek small and medium-sized enterprises (SMEs) active in tourism will be able to tap into additional subsidies after the economy ministry announced that it was increasing funding.

New Athens-Thessaloniki Super Train Hits the Tracks

Train operator Trainose recently presented its new high-speed passenger train that is planned to run the Athens-Thessaloniki route in less than four hours.

Greek Ministry Looking to Double Tourism Venture Funding

The economy ministry is set to announce the allocation of 120 million euros for the funding of tourism ventures and plans to double subsidies.

FS High Speed Train to Debut at Thessaloniki Fair

A new high speed passenger train to run the Athens-Thessaloniki route in approximately four hours, will make its debut at the 83rd Thessaloniki International Fair in September.

Thessaloniki 2018 Fair Figures Rising as Countdown Begins

Preparations are getting underway for the 83rd Thessaloniki International Fair (TIF) to run in the Greek northern port city during September 8-16.

Thessaloniki Fair a Golden Opportunity for Post-bailout Greece

“Greece’s return to growth inherently creates opportunities," said US Ambassador to Greece Geoffrey Pyatt at a press event on the 83rd Thessaloniki International Fair.

Greece-based CEOs: Tourism, Food Services to Top Investor Interest

Tourism and F&B services are the key areas of interest for investors seeking to place their money in Greece, according to market experts and company CEOs.

TUI Group Taking Active Steps Towards Sustainable Travel

With over 20 million “greener and fairer” holidays delivered over the last three years, TUI Group is setting ambitious goals for the future.

Greek Economy Ministry Sees Stronger Investment Activity in 2018-2019

The Greek economy ministry is expecting stronger investment activity this year and in 2019, following last year’s positive trend.

US Ambassador: Energy, Shipping Key to Stronger US-Greece Ties

Shipping and energy are sectors of common interest that can further strengthen relations between Greece and the US, according to US Ambassador to Greece Geoffrey Pyatt.